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The latest data shows a mixed bag for residential real estate in South Florida. Single family home and condo prices went up from a month earlier in Miami-Dade County – but down in both Broward and Palm Beach counties.
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There are more realtors in Florida than any other state. And more in South Florida than any other region. They now have some significant new rules thanks to a massive national legal settlement. Here is what you should know as a buyer or seller.
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Nationwide, as in Florida, buyers have been backing out of home purchases at a record rate, recent figures show. About one out of every six contracts to buy a home in Miami-Dade County has been canceled so far this year.
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The number of condos for sale across South Florida is rising. Most of them are at least 30 years old and face a New Year's Eve deadline for reforms put in after the Surfside tragedy.
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Amid the chaos of the housing crisis, an uptick in foreclosures and changes to real estate agent rules, Palm Beach County officials are encouraging residents to take a $10 course — open to all South Floridians — that helps with the daunting phases of purchasing a home.
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The year began with South Florida home to the highest inflation rate and the lowest regional unemployment rate in the country. How about now?
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About a quarter of homes and half of condos in South Florida sold for cash in April, continuing to insulate the housing market from the impact of higher mortgage rates.
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High inflation, a wickedly strong housing market and a resilient job market were the features of the South Florida economy in 2023.
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South Florida represents extremes of two important economic barometers for the Biden administration — low unemployment but stubborn inflation.
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As California Gov. Gavin Newsom and Florida Gov. Ron DeSantis prepare to debate on Fox News, many factors separate their two states, including their ideological leanings and their voting patterns.
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Despite plenty of dire forecasts for the economy this year, there has been no recession. And Florida’s economy has been a growing bright spot. Yet, inflation remains stubbornly higher than the rest of the nation. WLRN's Senior Business Editor Tom Hudson takes a look at four key indicators that tell the story.
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Senate Bill 1586 would override much of the relationship between Florida landlords and tenants, including the tenants bill of rights ordinances in Miami-Dade and Hillsborough counties